Flexi Plus


Benefits

    ‘LIC’s Flexi Plus’ is a special unit linked plan which targets to protect your dreams and provides an envelope of security to your family. The benefits on maturity date are guaranteed - with or without you.

    Flexibility to choose the policy term.

    Flexibility to choose the premium paying mode from yearly, half-yearly, quarterly or monthly (through ECS mode only) intervals over the term of the policy.

    Flexibility to choose from 2 fund types (Debt & Mixed) to suit your investment needs.

    Flexibility of partial withdrawals to meet your emergency needs at any time after fifth policy anniversary.

    Flexibility to surrender after completion of 5 years with no surrender charge.

    Flexibility to switch fund from one to another. Within a given policy year 4 switches will be allowed free of charge.

    On death of the policyholder

    • Sum Assured as a lump sum to the nominee.
    • An amount equal to the future premium payable is credited to the Fund.
    • On Maturity Date the accumulated Policy Fund Value will be paid to the Nominee.
    On Maturity: The policyholder will get amount equal to the Fund value of the units.

    Enjoy tax benefit under section 80CCE.

Eligibility Criteria
Min. Max.
Age 18 50
Term 10 20
Sum 150000 2100000
Premium Modes Yly,Hly,Qly,Mly

Yearly Premium for 10,00,000 Sum Assured
As it is Ulip Plan the Premium is decided by the Client.